Pet Airways (American Antiquities Inc, dba Pet Airways, OTC Bulletin Board: AAQS), the first airline for pets only, has announced that noted Wall Street analyst and management consultant, Leonard Bogner, has published a report on Corporate Profile's CPreports.com that includes a "speculative buy" rating for Pet Airways stock and a 6-12 month price target of $3.50-$4.00 per share.
According to Bogner's report, Pet Airways "has a decided head start at serving a substantial, but heretofore untapped and well-established market, and is within a year's timeline of achieving well-above-average success." Leonard Bogner is President of Bogner Business Associates LLC and has 35 years of experience on Wall Street as an equities research analyst.
Dan Wiesel, CEO of the Pet Airways said, "We're thrilled that Bogner Business Associates has initiated coverage of the company, which builds on the significant media coverage we've enjoyed since launch."
Bogner's report says that the Company's "ability to hit its stride is not encumbered by the business "Three R's" rudiments: regulatory (e.g., governmental approvals), restrictive (e.g., high barriers to entry), or fixed-capital resourced (e.g., building a vast infrastructure of plants, property and equipment that requires a large (and continuous) infusion of capital and a 36-month (or more) construction timetable—and perhaps a decade to achieve a positive rate of return). Consequently, the Company's results should be seen—and rewarded—in a relatively short period."
The full text of the report can be seen at here
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